Futu News on August 27th, Bilibili Inc. announced the 2020Q2 results, the financial report shows:

• Revenue of 2.62 billion yuan, an increase of 70% over the same period last year

• The average number of monthly active users (MAU) reached 171.6 million, and mobile MAU reached 152.9 million, an increase of 55% and 59% respectively.

• The number of daily active users (DAU) reached 50.5 million, an increase of 52% over the same period in 2019

• The average monthly paying subscriber (MPU 1) reached 12.9 million, an increase of 105 per cent over the same period in 2019

• The net loss was 570.9 million yuan ($80.8 million), compared with 315 million yuan in the same period in 2019

• The adjusted net loss was 476 million yuan ($67.3 million), compared with 256 million yuan in the same period in 2019.

• Q3 revenue is expected to reach 3.05 billion to 3.1 billion yuan.

After the announcement of the results, it fell by more than 7% at one point after the beep:

Prior to this, Bloomberg expected Bilibili Inc. Q2 revenue of 2.552 billion yuan, net profit is still a loss, the company is expected to have good user growth and game business development in the second quarter, focusing on the management of the business layout in the second half of the year.

Attachment:Bilibili Inc. Q2 Financial report